The falling star
On the hour chart we can see the falling star pattern ( in the black rectangle ) It's the bearish reversal pattern , be careful.
I marked the support zones and trend line.
Let's see what happens next.
The MACD divergence
The RSI overbought
On the hour chart we can see the falling star pattern ( in the black rectangle ) It's the bearish reversal pattern , be careful.
I marked the support zones and trend line.
Let's see what happens next.
The MACD divergence
The RSI overbought
Note
On the hour chart we can se the peculiar pennant.ENTRY The closure of the four hour candle above the level of 9070 or 8999 ( less safe )
Note
ImportantlyThe closure of the four hour candle above the level of 9070 will mean cancellation the falling star pattern.
It's will be the strong bullish sign
Note
ImportantlyThe closure of the four hour candle above the level of 9070 will mean the cancellation of the falling star pattern
It's will be the strong bullish sign
Note
The price tests the resistance levelNote
The another falling star , be careful Note
I have adjusted the trading range.STOP-LIMIT 9341 ( In case of a sharp rise )
ENTRY The closure of the four hour candle above the level of 9070
Note
The MACD shows the change of trend , it's the weak signal , but be careful Note
The price confirmed the trend line againThe resistance zones
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.